The Rate Renaissance: How Benchmark Rates Unlock DeFi’s Potential

The Rate Renaissance: How Benchmark Rates Unlock DeFi’s Potential

Benchmark rates have long been a cornerstone of traditional finance (TradFi), underpinning trillions in financial instruments. Benchmarks like LIBOR and SOFR play a crucial role in determining lending and borrowing costs. However, these benchmarks have faced criticism for their centralization and vulnerability to manipulation. Notably, in June 2012, Barclays admitted to manipulating LIBOR, resulting in a $450 million settlement with U.S. and U.K…

The dark side of DeFi: Hidden risks for investors

DeFi Uncovered: Navigating the Shadows of Decentralized Finance By K Akash As decentralized finance (DeFi) continues to gain traction, promising a new frontier in financial services, investors must be aware of the risks lurking beneath the surface. DeFi can be promising as it provides high-income, alluring products of the new generation like centralized finance but without its actors as intermediaries, DeFi also carries an open and underlying …

The Rate Renaissance: How Benchmark Rates Unlock DeFi's Potential – CoinDesk

… DeFi, write Treehouse Labs' Jun Yong Heng and Si Wei Yue … DeFi, write Treehouse Labs' Jun Yong Heng and Si Wei Yue. By Jun … Source link The post The Rate Renaissance: How Benchmark Rates Unlock DeFi's Potential – CoinDesk first appeared on Crypto News Wire.